Mid-Atlantic Corporate and VACORP Plan Merger

Mid-Atlantic Corporate Federal Credit Union and VACORP Federal Credit Union today announced their intention to pursue a merger, according to a joint announcement.

What prompted the decision to merge, said VACORP President/CEO Don Chapman, was the determination to provide "continuity of service for our members" and also to expand "the level of quality services" and products offered to members.

Mid-Atlantic Corporate President/CEO Jay Murray added that "by combining forces," the two corporate credit unions will be able to produce "a greater benefit for the whole."